Here’s how Trump wants to change the way you repay student loans

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If the Trump administration get its way, it will cost more for some low-income students to borrow for college, graduate students will spend a longer time repaying their debts and public servants will lose out on loan forgiveness.

That’s based on the budget proposal the White House released Tuesday, which includes major changes to the federal student loan program as well as cuts to some initiatives that make college more affordable, particularly for low-income students. The proposals, which contribute to a $9.2 billion cut to the Department’s budget, are part of a broader budget strategy aimed at cutting costs.

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